Clearfield (CLFD) Reports Q1 Loss, Tops Revenue Estimates

Clearfield (CLFD) came out with a quarterly loss of $0.35 per share versus the Zacks Consensus Estimate of a loss of$ 0.40. This compares to earnings of $1 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this maker of fiber optic management products would post earnings of$ 0.09 per share when it actually produced earnings of $0.17, delivering a surprise of 88.89%.Over the last four q ...